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HSBC inks lease deal with RMZ Corp for 3.6 lakh sq ft in Bengaluru

Friday, 26 Apr 2019
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HSBC has signed a five-year lease for 3.6 lakh sq ft with Bengaluru-based RMZ Corp to house its processing offices.

HSBC will occupy seven floors in Ecospace Business Park, in Kolkata, West Bengal and pay a rent of Rs 80 per sq ft. HSBC will use the space to expand its back-office operations in the city.

The bank is expected to occupy the property by Q2/FY20, as the buildings are in a fit-out stage. About 4,000 employees can operate from the new facility.

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